Mathematics · Economic Order Quantity
The following information is available for raw material requirements: • Fixed ordering cost: £2.50 per order • Annual holding cost per litre: £1.00 • Monthly demand: 2,500 litres What is the Economic Order Quantity (EOQ) for the raw material?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1112 litres
- 245 litres
- 3155 litres
- 4387 litres✓
Correct answer
387 litres
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economic Order Quantity MCQs →Want more practice questions on Economic Order Quantity?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Economic Order Quantity